Fitch Withdraws Petroleo Brasileiro S. A.'s Local Debenture Rating
The withdrawal of the rating follows Petrobras' cancelation of the issuance. As there is no set time frame for resuming the issuance process, no rating is required at this time.
FULL LIST OF RATING ACTIONS
Fitch currently rates Petrobras as follows:
Petroleo Brasileiro S. A.
--Long-Term Foreign-Currency IDR 'BB'; Outlook Negative;
--Long-Term Local-Currency IDR 'BB'; Outlook Negative.
Petrobras International Finance Company (PIFCO)
--International debt issuances 'BB'.
Petrobras Global Finance B. V. (PGF)
--International debt issuances 'BB'.
Petrobras Argentina S. A.
--International debt issuances 'BB'.
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